3016 Salisbury AveBaltimoreMD21219
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3016 Salisbury Ave, Baltimore, MD, 21219 in Baltimore earns a respectable 8% gross yield at $249,000, but after the $1,120/mo mortgage the net cash flow is $111/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.48) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $68,794 over five years, making equity the dominant return driver. Total projected return: $101,637.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.8% |
| Monthly Cash Flow | $111 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,660 |
| Total Monthly Debt Service | $1,450 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1944
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21219, Sparrows Point, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,146 (100%) |
| Owner Occupied HU | 3,126 (75.4%) |
| Renter Occupied HU | 689 (16.6%) |
| Vacant Housing Units | 331 ( 8.0%) |
| Median Home Value | $418,475 |
| Average Home Value | $517,067 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,888
Multi-Family
124
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1944
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21219, Sparrows Point, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,146 (100%) |
| Owner Occupied HU | 3,126 (75.4%) |
| Renter Occupied HU | 689 (16.6%) |
| Vacant Housing Units | 331 ( 8.0%) |
| Median Home Value | $418,475 |
| Average Home Value | $517,067 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,888
Multi-Family
124
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices